All Forum Posts by: Kelli D.

Hi @Rahul Bhatt; I'm not a fan of investing in that area unless it's a great deal! As for managing, I would definitely advice having a property management company handle it (since you're in the Bay Area).  I'm a Realtor/Certified Property Manager here in Sacramento. BTY I'm from Alameda (so hello neighbor).  I'm happy to touch base with you, no pressure. KellilDecker@gmail   

@Rahul Bhatt 

@Anthony Dlugosz Welcome to Sacramento Anthony! I've been here over 10 years and have no regrets. I'm from Alameda and so "I get it". It's a great time to invest in Sac. I'm on FB at "What Home Moves You" for the latest info & general stuff going on in Sac. 7 major projects underway, including Tech companies going to Elk Grove. Great time to be here!

-Kelli    

Hi Amir: stay positive (in both ways). Looks like you're just figuring your cap rate to see if it's a good deal. Maintenance (including lawn), management (if you want that), property taxes, landlord insurance, utilities, and capital expenses are all figured in to a cap rate. Capital expenses are things that are bigger ticket items like a water heater or HVAC for example. Always consider a vacancy rate too. So take your gross rent x a year and divide by the price of the property minus all those things mentioned to see what your cap rate is. If you're above .8 that's pretty good, you want to be higher when ever possible of course. Consider everything involved. Good luck to you at least you're out there getting your feet wet. Hope I didn't state that wrong it's after 11pm on a Sunday :)

@DavidOldenburg Thank you David for the reply. Lucky @Kelly Krezek, I hope she has a great time. Yes, I'll be happy to still come to the meeting. It's a great Meetup!

See you then    

Hey Kelly; It's Kelli :) Glad to see you're still going strong! See you Sep 6th :)